Part 2: Navigating the future of global oil and refining markets
The Energy Transition is Reshaping Everything. Are You Ready?
1 minute read
Avanpal Sehmi Singh
Research Analyst, Oils and Chemicals

Avanpal Sehmi Singh
Research Analyst, Oils and Chemicals
Avanpal is focused on refinery evaluation modelling and long-term outlooks for Europe and FSU.
Latest articles by Avanpal
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Opinion
Part 2: Navigating the future of global oil and refining markets
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Opinion
Global refinery closure outlook to 2035
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Opinion
Assessing the refineries at risk of closure
The refining industry is at a critical inflection point. With decarbonisation accelerating globally, traditional market dynamics are being completely rewritten. The decisions you make today will determine your competitive position for the next two decades.
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In Part 2 of our video series, "Navigating the future of global oil and refining markets"," Avanpal Sehmi Singh, Research Analyst at Wood Mackenzie, explains how refineries must fundamentally reimagine their operations, from crude selection to product mix, to remain profitable as gasoline demand plummets and petrochemical feedstock needs surge.
Watch now:
Watch now and get answers to big questions:
- What sets Wood Mackenzie’s analysis apart?
- How will refineries adapt to changing market dynamics?
- What future disruptions should your business prepare for?
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